Solana ETF Launch Generates $69 Million Inflows, Signaling Institutional Interest

The Solana ecosystem is experiencing a surge in activity following the launch of the first US-based staking-based exchange-traded fund (ETF), BSOL. This move has generated significant interest from institutional investors, leading to record inflows and trading volume. With BSOL offering direct exposure to Solana and its staking rewards, analysts predict this could significantly impact the price of SOL in the coming months.